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Saf Cars Limited

10000079

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Office No 105 42 Watford Way, London, NW4 3AL
Incorporated 11/02/2016

Compliance

Last accounts

28/02/2023

unaudited abridged

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 04/06/2024

Due 18/06/2025

Overdue

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Mujtaba Saffi

director · Since 01/06/2024

BUSINESS PERSON

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mujtaba Saffi

director · Since 01/06/2024

British · England · Age 36

Former

Murtaza Saffi

director · Resigned 01/06/2024

Persons with Significant Control

Mr Mujtaba Saffi

75–100% shares
75–100% votes
Appoint directors

British · England · Age 36

Office No 105, 42 Watford Way, London, NW4 3AL

Notified 01/06/2024

Former PSCs

Mr Murtaza Saffi

Ceased 01/06/2024

Change History

status → active
2026-07-15

Active - Proposal to Strike off

type → ltd
2026-07-15

Private Limited Company

address line1 → Office No 105 42 Watford Way
2026-07-15

OFFICE NO 105

post town → London
2026-07-15

LONDON

CompanyRankvs 15444+ SIC 45112 peers
44

Financial strength68th percentile among SIC peers · 17/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2023

Net Worth

£16k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£20k

Fixed Assets

£26k

Debtors

£6k

2avg. employees

People Costs

Wages & salaries£17k

Balance Sheet

Assets less current liabilities£36k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.50

Derived from filed accounts. Not audited figures.